295
295
Dec 31, 2012
12/12
by
WJZ
tv
eye 295
favorite 0
quote 1
. >> in some way was didn't happen, at the end of the year standard & poor's upgraded greeces bond rating europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly. which was a lot of people were take very seriously. >> but the mayans maybe not terrific forecasters. >> woodruff: looking back at 2012, michael kberb beschloss richard norton smith, thank you both. >> thank you. >> thank you. >> and again the major developments of this day >> suarez: again, the major developments of the day, bargaining on a fiscal cliff deal continued, but house republican leaders opted not to vote on anything tonight. that meant the government will >> the house adjourned for tomorrow so the government is guaranteed to go over the fiscal cliff, at least for the moment. and doctors at a new york hospital announced secretary of state hillary clinton has a blood clot between the school and brain. but they said she's making excellent progress. we're capturing new year's eve celebrations around the world and you can be a part of kwame holman has the details. >> holma
. >> in some way was didn't happen, at the end of the year standard & poor's upgraded greeces bond rating europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly. which was a lot of people were take very seriously. >> but the mayans maybe not terrific forecasters. >> woodruff: looking back at 2012, michael kberb beschloss richard norton smith, thank you both. >> thank you. >> thank you. >> and again...
580
580
Dec 31, 2012
12/12
by
KQED
tv
eye 580
favorite 0
quote 0
. >> in some way was didn't happen, at the end of the year, standard & poor's upgraded greeces bond rating, europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly. which was a lot of people were take very seriously. >> but the mayans maybe not terrific forecasters. >> woodruff: looking back at 2012, michael kberb beschloss, richard norton smith, thank you both. >> thank you. >> thank you. >> and again the major developments of this day, >> suarez: again, the major developments of the day, bargaining on a fiscal cliff deal continued, but house republican leaders opted not to vote on anything tonight. that meant the government will >> the house adjourned for tomorrow so the government is guaranteed to go over the fiscal cliff, at least for the moment. and doctors at a new york hospital announced secretary of state hillary clinton has a blood clot between the school and brain. but they said she's making excellent progress. we're capturing new year's eve celebrations around the world and you can be a part of kwame holman has the details. >> ho
. >> in some way was didn't happen, at the end of the year, standard & poor's upgraded greeces bond rating, europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly. which was a lot of people were take very seriously. >> but the mayans maybe not terrific forecasters. >> woodruff: looking back at 2012, michael kberb beschloss, richard norton smith, thank you both. >> thank you. >> thank you. >> and...
151
151
Dec 31, 2012
12/12
by
CSPAN
tv
eye 151
favorite 0
quote 0
i want to turn around the spending problem we have that will prevent us from becoming greece, and if you will lead, i will follow, and yes, i will raise more revenue in a responsible way, but without you, it's going to be hard for us to get there. so the next time we meet is going to be around the debt ceiling, and the image i want is not a bunch of people behind the president who are clapping for him, but members of congress, republicans and democrats behind the president clapping for the president because he signed a bill that will save all of us from a certain fate. and our fate is being sealed as i talk unless we make changes. we cannot survive on the course we're taking today. the good news is with some bipartisanship and presidential leadership, we still have time to turn around this country and actually dominate the 21st century. it's going to take some pain, it's going to take some sacrifice, but one final story. when i was 21, my mom died. when i was 22, my dad died 15 months later. we were in -- my family owned a liquor store, a restaurant and a pool room, and everybody i k
i want to turn around the spending problem we have that will prevent us from becoming greece, and if you will lead, i will follow, and yes, i will raise more revenue in a responsible way, but without you, it's going to be hard for us to get there. so the next time we meet is going to be around the debt ceiling, and the image i want is not a bunch of people behind the president who are clapping for him, but members of congress, republicans and democrats behind the president clapping for the...
93
93
Dec 31, 2012
12/12
by
CSPAN2
tv
eye 93
favorite 0
quote 0
i want to turn around the spending problem we have that will prevent us from becoming greece, and if you will lead, i will follow, and yes, i will raise more revenue in a responsible way, but without you, it's going to be hard for us to get there. so the next time we meet is going to be around the debt ceiling, and the image i want is not a bunch of people behind the president who are clapping for him, but members of congress, republicans and democrats behind the president clapping for the president because he signed a bill that will save all of us from a certain fate. and our fate is being sealed as i talk unless we make changes. we cannot survive on the course we're taking today. the good news is with some bipartisanship and presidential leadership, we still have time to turn around this country and actually dominate the 21st century. it's going to take some pain, it's going to take some sacrifice, but one final story. when i was 21, my mom died. when i was 22, my dad died 15 months later. we were in -- my family owned a liquor store, a restaurant and a pool room, and everybody i k
i want to turn around the spending problem we have that will prevent us from becoming greece, and if you will lead, i will follow, and yes, i will raise more revenue in a responsible way, but without you, it's going to be hard for us to get there. so the next time we meet is going to be around the debt ceiling, and the image i want is not a bunch of people behind the president who are clapping for him, but members of congress, republicans and democrats behind the president clapping for the...
346
346
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 346
favorite 0
quote 0
courage of my convictions not to raise the debt ceiling until we reform our nation and stop becoming greece and finally stop getting out of debt. i hope republicans will fight as hard on the debt ceiling as barack obama did on tax rate. uma: you call everything going on in washington right now dysfunctional. the american people are kwaeutinwaiting to see what is going to happen here. many people are frustrated and upset that once again we are at the 11th hour trying to get a deal done at a time when there was a lot of time before this to work something out. >> because the senate doesn't function any more. the house has passed three or four bills to avoid sequestration, to save the military from these cuts, to deal with the fiscal cliff. if you don't like the house's product bring it on the floor of the senate and let's change it. let's start being legislators instead of just a place where ideas go and die in the united states senate, it's embarrassing to me being the most deliberative body in the world and not be able to have a debate about how the fiscal cliff drama should end. we should h
courage of my convictions not to raise the debt ceiling until we reform our nation and stop becoming greece and finally stop getting out of debt. i hope republicans will fight as hard on the debt ceiling as barack obama did on tax rate. uma: you call everything going on in washington right now dysfunctional. the american people are kwaeutinwaiting to see what is going to happen here. many people are frustrated and upset that once again we are at the 11th hour trying to get a deal done at a time...
118
118
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 118
favorite 0
quote 0
i'm not going to raise the debt ceiling unless we get serious about keeping the country from becoming greece, saving social security and medicare. >> so, what senator graham is essentially outlining is that this is sort of a bargaining chip that the republican party does have. the debt limit today, we reach it, but we can get about another two months before we truly go over. do you agree with that sort of strategy that the debt limit be used as a way to kind of leverage more on the spending side out of the white house and democrats in congress? >> personally, no. i happen to think that when your credit card comes due, you pay the bill, but i can understand the frustration of people like lindsey graham, who's an extremely responsible and very, very good senator, in my opinion, because he wants to get something done. and what we're seeing here is very little action on the spending side of the ledger. let's say that leader mcconnell and vice president biden reach an agreement today, which i certainly hope they will, but that agreement clearly is just going to be on the revenue side. the majorit
i'm not going to raise the debt ceiling unless we get serious about keeping the country from becoming greece, saving social security and medicare. >> so, what senator graham is essentially outlining is that this is sort of a bargaining chip that the republican party does have. the debt limit today, we reach it, but we can get about another two months before we truly go over. do you agree with that sort of strategy that the debt limit be used as a way to kind of leverage more on the...
220
220
Dec 31, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
need to look at larger solutions to our problems so we don't end up in the situation europe is, or greece with riots, or france with a top 75% tax rate that's driving people offshore. >> the problem may be that paul ryan coming through with solid plans on the deficit issue, and ultimately didn't win the white house. is it possible to have the conversation with america get voted in, and then take action? >> personally, i think the ryan plan was an abomination, because it was so vague, that you can't tell whether it was a real plan or not. >> it was not vague. it was written down in the house budget. >> it is absolutely unspecified across all kinds of loophole closings and other things, which makes it filed under category of fiction for anybody that's ever worked in the united states senate. >> specifically it's written specifically in the path to prosperity. it was passed by the house. you can look at path to prosperity in google. you see many of the details. at least the house passed a budget, which the senate has not done for the past three years. the house has laid out solutions. also,
need to look at larger solutions to our problems so we don't end up in the situation europe is, or greece with riots, or france with a top 75% tax rate that's driving people offshore. >> the problem may be that paul ryan coming through with solid plans on the deficit issue, and ultimately didn't win the white house. is it possible to have the conversation with america get voted in, and then take action? >> personally, i think the ryan plan was an abomination, because it was so...
284
284
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 284
favorite 0
quote 0
the sad news for the country we've accomplished very little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation heather: welcome back. investigators are examining the black boxes in the deadly plane crash in russia. amateur video capturing it on tape. now we're learning at least five people died and three others were badly hurt. the plane took off from an airport near moskow. it landed on a highway before breaking pieces and catching on fire. gregg: new videotape shoug house majority leader eric cantor arriving at capitol hill. he really didn't say much of anything. he was asked what's going on, is there a deal? he basically said, happy new year, happy new year, happy new year three times. and the senate is not convening until about 11:00 a.m.. it may not be officially reconvening but just meeting. that was the time that harry reid said it would happen. tony sayegh, former press aide to gop vice-presidential nominee jack kemp and national political correspondent for talk radio news service. kirsten powers, columnist for "the daily beast" an
the sad news for the country we've accomplished very little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation heather: welcome back. investigators are examining the black boxes in the deadly plane crash in russia. amateur video capturing it on tape. now we're learning at least five people died and three others were badly hurt. the plane took off from an airport near moskow. it landed on a highway before breaking pieces and catching on fire. gregg:...
493
493
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 493
favorite 0
quote 0
we have accomplished very little about becoming greece or getting out of debt. it is a political victory of the president. i hope we have courage when it comes to the debt ceiling. to fight as what we want as republicans. >> there was a lot of celebration but not anything to do with a deal being made. when house peeker john bone bone came in. republicans gave him a standing ovation . but there is no decision made. >> to chris wallace's name those who talk don't know . those who know don't talk. >> dave: some talk. republicans have made a significant compromise from what i can tell you. republicans have offered $400,000 thres hold for individuals and $550,000 for couples. that is a significant compromise for the republican ideology that did not want to raise taxes on the wealthy. it looks like they are come a long way and there is a $100,00000 . the estate tax and unemployment benefits. and there is all sorts of sequestitration and how they will accomplish thamp harry reid said there is significant distance with the parties. >> here's harry reid on the new yorks
we have accomplished very little about becoming greece or getting out of debt. it is a political victory of the president. i hope we have courage when it comes to the debt ceiling. to fight as what we want as republicans. >> there was a lot of celebration but not anything to do with a deal being made. when house peeker john bone bone came in. republicans gave him a standing ovation . but there is no decision made. >> to chris wallace's name those who talk don't know . those who know...
203
203
Dec 31, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
on in terms of labor reform in the likes of portugal, ireland, some even to some degree in spain and greece. and that wouldn't have happened without the pressure in the markets. >> obviously. jim, we want to thank you very much for calling in on this new year's eve and wish you a happy 2013 to you, as well. >> happy new year's to you guys. good luck to you. >> things. >>> coming up, we're going to calm to some politicians and congress people. we have shelly moore-capito and congressman greg meeks of new york will join us on the show to talk about the biggest sticking points. at the top of the hour, vice chairman and republican policy committee chairman tom price will be our special guest. "squawk box" coming right back. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. impact wool exports from new zealand, textile production in spain
on in terms of labor reform in the likes of portugal, ireland, some even to some degree in spain and greece. and that wouldn't have happened without the pressure in the markets. >> obviously. jim, we want to thank you very much for calling in on this new year's eve and wish you a happy 2013 to you, as well. >> happy new year's to you guys. good luck to you. >> things. >>> coming up, we're going to calm to some politicians and congress people. we have shelly...
298
298
Dec 31, 2012
12/12
by
CNNW
tv
eye 298
favorite 0
quote 0
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped up the fire power against the opposition, civilians caught in the crossfire, more than 40,000 people have died so far. >> reporter: this is yet another bread line. >> the opposition fights on, making more dramatic gains than ever and gaining pledges of support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot malala yousafzai. she survived, wake up in a british hospital and, according to her father, immediately asked for her school books. the world was gripped, moved and inspired by the story of one determined young g
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped...
515
515
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 515
favorite 0
quote 0
the only thing you left out of that wrap is just like greece. >> the first time an attorney general to be held in contempt. >> and the vote that the house republicans want is a political vote. >> they played a bad hand, right now it's going to be a witch hunt. if you get more then it becomes intervention. >> the water has just now breached over the sand dunes. >> hurricane sandy a superstorm meteorologists are calling a once in a lifetime occurrence. the whole coast is devastated. >> the number of ambulances to move these children is remarkable. >> and lost homes in many forms-- ♪ ♪ >> andrew breitbart died this morning, he was 43. he was a publisher, an activist and a commentator, but that says almost nothing about this force of nature. he was a big kid who treated his opponents like humans. it was never about people, it was always, always about principles. . >> the u.s. has just evacuated all personnel from benghazi to tripoli. >> this was something that was a concerted effort, well organizationed, heavily armed. >> you have the american president, the secretary of state and ever
the only thing you left out of that wrap is just like greece. >> the first time an attorney general to be held in contempt. >> and the vote that the house republicans want is a political vote. >> they played a bad hand, right now it's going to be a witch hunt. if you get more then it becomes intervention. >> the water has just now breached over the sand dunes. >> hurricane sandy a superstorm meteorologists are calling a once in a lifetime occurrence. the whole...
56
56
Dec 31, 2012
12/12
by
CNNW
tv
eye 56
favorite 0
quote 0
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership didn't stop constant violent protests, staged by those facing loss of jobs, pay cuts, higher taxes, as their weary government begs for more cash. >> europe's leaders including the new french president committed to save the euro. it lives on. but for how long? number two -- >> the deadliest month to date as the assad regime intensified its use of air power. one of the questions most asked in 2012 was how much longer can this man hold on to power. bashar al assad was under ever more intense pressure to step down. but his regime stepped up the firepower against the opposition. civilians caught in the crossfire. more than 40,000 people have died so far. >> this is another red line. the opposition fights on, making more dramatic gains than ever. and gaining pledges of additional support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot her in the head because she
number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership didn't stop constant violent protests, staged by those facing loss of jobs, pay cuts, higher taxes, as their weary government begs for more cash. >> europe's leaders including the new french president committed to save the euro. it lives on. but for how long? number two -- >> the deadliest month to date as the assad regime intensified its use...
223
223
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 223
favorite 0
quote 0
. >> the sad news for the country is we've accomplished very little in terms of not becoming greece. it's a victory for the president and i hope we have the courage of our convictions to fight for what we believe as republicans. >> peter, what the senator is saying is this doesn't really solve the problem of the debt we're building up. >> no, it doesn't. we have all heard taxing high income individuals more would only raise 5% of the deficit. another statistics that will break your eyes. if we raised everybody's income tax by 50%, we'd likely only cut the deficit in half. that should explain to everyone why it is imperative we finally do something about rapidly escalating entitlement cost but the president refuses to come to the table. nothing is fixed in my mind more than speaker boehner saying i've offered you 800 billion in additional revenue. what do i get in return? and the president said nothing. you also counted he won the election. i have got news, whether he won the election or not,let stats about the budget are neutral and nonpartisan and mr. boehner's republicans won an el
. >> the sad news for the country is we've accomplished very little in terms of not becoming greece. it's a victory for the president and i hope we have the courage of our convictions to fight for what we believe as republicans. >> peter, what the senator is saying is this doesn't really solve the problem of the debt we're building up. >> no, it doesn't. we have all heard taxing high income individuals more would only raise 5% of the deficit. another statistics that will break...
142
142
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 142
favorite 0
quote 0
upper income americans and sad news for the country we have accomplished very little of not becoming greece. this won't affect the debt situation. it will be a political victory for the president and i hope we'll have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in. but hats off to the president. >> we have been talking to the republicans since the election has been over. they have had trouble to say yes to a number of repeated offers. >> so what kind of deal if any can we expect before the clock runs out? joining us for a fair balanced debate, tony is here, national political correspondent for talk radio news service and fox news contributor, jehmu greene former president of the women's media center. i wanted to start with senator graham's soundbite. if taxes are increased to top earners, i'll start with you. does it highlight the crux of the matter the fighting is about party politics and not the people? how do you see it? >> certainly the president is not walking around in a flight suited saying mission accomplished. this is not
upper income americans and sad news for the country we have accomplished very little of not becoming greece. this won't affect the debt situation. it will be a political victory for the president and i hope we'll have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in. but hats off to the president. >> we have been talking to the republicans since the election has been over. they have had trouble to say yes to a number of repeated...
84
84
Dec 30, 2012
12/12
by
CSPAN
tv
eye 84
favorite 0
quote 0
if we do not take on spending, the fiscal cliff will be a downward slide to make us like greece, no longer a viable economic power. >> that was from the program " state of the union, close with this morning. a number of members of the house are point to try to make their way back for votes this evening at 6:30. the house taking up some 13 bills. here is how david hocking's of "congressional quarterly" termed this house session -- " >> nothing on the fiscal cliff, however. we will keep you posted on that. the senate gaveling out shortly for that caucus meeting in particular. taking a look at your twitter messages,-tag is fiscal cliff. -- the hash tag is fiscal cliff. >> also, this twitter message from about 30 minutes ago -- >> helen is in northport. you are on the air. caller: good afternoon. i am glad i lived in a country that allows me to make this phone call and speak my mind. i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says our liberties are being weakened. i am
if we do not take on spending, the fiscal cliff will be a downward slide to make us like greece, no longer a viable economic power. >> that was from the program " state of the union, close with this morning. a number of members of the house are point to try to make their way back for votes this evening at 6:30. the house taking up some 13 bills. here is how david hocking's of "congressional quarterly" termed this house session -- " >> nothing on the fiscal cliff,...
197
197
Dec 30, 2012
12/12
by
WUSA
tv
eye 197
favorite 0
quote 0
we're becoming greece, and we have a government that we're willing to pay the taxes for 65% of the cost of it. we need to change that. we need both, both-- we need to do both. >> o'donnell: i'm flawed brought thaglad you brought that up. we're not even there. we're just dealing with this little short-term patch that you can't even get an agreement on. what does that say about what's happened here in washington and a real lack of confidence among the american people that it the body you guys serve in is just broken? >> well, it is, and it needs to change. this conservative republican, this progressive carriage we both voted for it. we worked on this for three years. there is room for compromise and agreement. here's what we ran into the problem with. 40% of deficit reduction in the sim son-bowles came from additional revenue, 40%. when we said to speaker boehner you have to come up with revenue, he said i'll come up with a plan that protects those making less than $1 million. he couldn't silent republican caucus. the only way we deal with this cries and the deficit is on a bipartisan bas
we're becoming greece, and we have a government that we're willing to pay the taxes for 65% of the cost of it. we need to change that. we need both, both-- we need to do both. >> o'donnell: i'm flawed brought thaglad you brought that up. we're not even there. we're just dealing with this little short-term patch that you can't even get an agreement on. what does that say about what's happened here in washington and a real lack of confidence among the american people that it the body you...
153
153
Dec 30, 2012
12/12
by
CSPAN
tv
eye 153
favorite 0
quote 0
but we certainly are not greece. >> enough talk about this single-minded focus. and yet you -- you have talked about this single-minded focus. how do you feel about leaving at this particular point in time? >> we still have several weeks. we have laid out the plans. all these efforts i have been part -- all of these efforts that i have been a part of. one reason i did not run again is because i wanted to focus these last two years. i knew if i was running i would not be able to be in the hundreds of hours i have been a part of. they developed a work product to those who are negotiating. many of the ideas we generated will be part of a solution before the end of this year or early next. the work product we produced will be a part of the solution. >> you talk about missing 80% of family birthdays, but will you -- what will you be doing next? >> i don't know. some speaking, some teaching. one thing i can assure you i will not be doing is lobbying. beyond that, i have made that clear that it is not in my interests. it is not what i'm going to be doing. >> there are w
but we certainly are not greece. >> enough talk about this single-minded focus. and yet you -- you have talked about this single-minded focus. how do you feel about leaving at this particular point in time? >> we still have several weeks. we have laid out the plans. all these efforts i have been part -- all of these efforts that i have been a part of. one reason i did not run again is because i wanted to focus these last two years. i knew if i was running i would not be able to be...
124
124
Dec 30, 2012
12/12
by
CSPAN2
tv
eye 124
favorite 0
quote 0
current congress, the current people in washington, the current news media, we're not spain, we're not greece, we're not totally messed up like europe. this is a country where if we could just get government to quit screwing up, we would do fine over the next 20 years. [applause] but imagine the consultant report if they came out and said, you know, general washington, we've evaluated the situation, and you have one axe and 14,000 people. we think this is bad. [laughter] we think you should be deeply depressed and consider quitting. [laughter] a congress that isn't doing well enough to be worthy of at least a couple hundred axes doesn't deserve your loyalty. why don't you go home. now, these people wanted to be free, and they were prepared to die. when they cross the delaware on christmas night in a desperate last effort before the army ceases to exist, their slogan, their password is victory of death. victory or death. and they meant it. it wasn't victory or i'll cry for six weeks. [laughter] it wasn't victory or i'm not going to watch fox news for a month. [laughter] it wasn't victory or i
current congress, the current people in washington, the current news media, we're not spain, we're not greece, we're not totally messed up like europe. this is a country where if we could just get government to quit screwing up, we would do fine over the next 20 years. [applause] but imagine the consultant report if they came out and said, you know, general washington, we've evaluated the situation, and you have one axe and 14,000 people. we think this is bad. [laughter] we think you should be...
120
120
Dec 30, 2012
12/12
by
CSPAN
tv
eye 120
favorite 0
quote 0
strongly if we stay on the pathway we're currently on we're headed to the nanny state which is france and greece. that concerns me a great deal and the country will not be able to deal with the leader of the free world if we continue on that pathway. >> what would that look like for the average citizen? >> the average citizen more and more their life would be dependent on uncle sam. the difference between america and the rest of the world is our founding fathers placed the highest priority on individual enterprise and individual spirit. if people are willing to say my dependent upon my own willingness to work hard and impact the process we will continue to have that driving force that makes us the strongest country in the world. if we're not careful, we will walk away from it and soon, unfortunately, we'll be like france. >> do you have any sense there is a generational sense on views how the government should serve the public among younger americans than it is among baby boomers and older? >> i'm hopeful we can convince the cross section of the younger generation that their contribution to our
strongly if we stay on the pathway we're currently on we're headed to the nanny state which is france and greece. that concerns me a great deal and the country will not be able to deal with the leader of the free world if we continue on that pathway. >> what would that look like for the average citizen? >> the average citizen more and more their life would be dependent on uncle sam. the difference between america and the rest of the world is our founding fathers placed the highest...
363
363
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 363
favorite 0
quote 0
americans and the sad news for the country is we accomplished very little in term its of not becoming greece or getting out of debt. this won't affect the debt situation. >> sort of hats off, wink, wink. >> the president told "meet the press" they hope to get a deal condon in the next 48 hours. >>> police say a guy broke into a woman's home and drove her to the bank of america branch where she worked. she triggered an alarm but the suspect escaped before police arrived. it took the bomb squad three hours to remove the device from her neck. she did escape unharmed luckily. >> a best friend becomes a hero after rescuing a boy who fell through the ice in iowa. they were walking on a lake when the ice gave way, sending 11-year-old ashton eckenrod into the water. >> i thought i was going to die from it. and just not see my family any more. he didn't say anything. he was just leak freaking out. i didn't know what to do so he just grabbed my hand. >> his 10-year-old friend managed to slide across the ice and pull him back out. they are both doing just fine. >>> and think you are neurotic? that coul
americans and the sad news for the country is we accomplished very little in term its of not becoming greece or getting out of debt. this won't affect the debt situation. >> sort of hats off, wink, wink. >> the president told "meet the press" they hope to get a deal condon in the next 48 hours. >>> police say a guy broke into a woman's home and drove her to the bank of america branch where she worked. she triggered an alarm but the suspect escaped before police...
100
100
Dec 29, 2012
12/12
by
CSPAN2
tv
eye 100
favorite 0
quote 0
and are we en route to the status of greece? not at all. the simple truth is we are almost close to a position with the status quo would solve our problems. that is to say the expiration of the tax cuts pretty much take care of our intermediate deficit problem and implementation of the cost saving measures strengthened over time in the aca will deal with their long-term health care problem. so we are not that far away and we have other tremendous strengths in our country that would allow us to make the kind of investment to transform the economy, to do with the reality of stagnant wages and a sense of diminished opportunities. we have strengths. we can do it. we need the public to rain and behavior that's destructive and we need political leaders to act forcefully. given enough to bipartisan commissions and searched enough for bipartisan consensus. for sensible hard all politics along these lines. >> norm, i particularly cutie take the money question. a couple political had a great shared that showed that party polarization in congress was
and are we en route to the status of greece? not at all. the simple truth is we are almost close to a position with the status quo would solve our problems. that is to say the expiration of the tax cuts pretty much take care of our intermediate deficit problem and implementation of the cost saving measures strengthened over time in the aca will deal with their long-term health care problem. so we are not that far away and we have other tremendous strengths in our country that would allow us to...
105
105
Dec 28, 2012
12/12
by
CSPAN
tv
eye 105
favorite 0
quote 0
but it's not working in greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says never cut and spending. grover norquist, here's a great example, he does not even believe in economic case multipliers. host: gary says -- guest: what's interesting about the last election cycles is we had under president bush and the end, democrats seized control of congress in big numbers. and we had the big democratic sweep with the white house in 2008. 2010, republicans came sweeping back. we've had a pendulum swing, very contractive time period. that's one of the factors. we have seen both sides really dug in because they don't k
but it's not working in greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says never...
235
235
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 235
favorite 0
quote 0
all we have to do is look over the pond and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we cannot repay them, massive interest-rate increases, you and i have talked about this before. but shame on us for not realizing that we stay on this path, we are in real financial trouble. gregg: stephen moore, economics writer for "the wall street journal." on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there are 700,000 russian children who need a home. only 18,000 russian families who signed up to adopt. this new law was named after a russian baby that died in the custody of his american adoptive
all we have to do is look over the pond and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we cannot repay them, massive interest-rate increases, you and i have talked about this before. but shame on us for not realizing that we stay on this path, we are in real financial trouble. gregg: stephen moore, economics writer for "the wall street journal." on her way to the fiscal cliff. thank you very much. heather: russian...
172
172
Dec 28, 2012
12/12
by
CNNW
tv
eye 172
favorite 0
quote 0
greece is aware that taking part could be an issue. especially as its economy is expected to drop to minus 4.5% next year. portugal, meanwhile, is expected to shrink 1.8%. and poland and slovakia have decided to spend their money on other projects. that's despite projecting positive growth for 2013. ♪ it reportedly costs around $160,000 to take part. and if you win, some countries spend big to host the lavish event. for some national broadcasters, this is reason enough to pull out. >> the cost of staging has been mounting in recent years. russia put on the beijing of song. it was like the chinese olympics. azerbaijan last year pumped out their national output on the stage. they were competing to show off to europe, look what we're like from the east, the former soviet republic. ♪ >> reporter: there's a lesson to be learned from previous eurovision winners. in budgets and costumes, less is often more. ♪ the rules of the game >> reporter: cnn, london. >>> all right. i want to go back to richard quest in london to talk a little abou
greece is aware that taking part could be an issue. especially as its economy is expected to drop to minus 4.5% next year. portugal, meanwhile, is expected to shrink 1.8%. and poland and slovakia have decided to spend their money on other projects. that's despite projecting positive growth for 2013. ♪ it reportedly costs around $160,000 to take part. and if you win, some countries spend big to host the lavish event. for some national broadcasters, this is reason enough to pull out. >>...
254
254
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 254
favorite 0
quote 0
and president's offer to fix it does nothing other than, quote, this is a quote, damn us to becoming greece. patti ann: what would it mean if lawmakers fail to strike a deal? according to the tax policy center, 90% of the americans would see a tax hike in 2013. 121 million people would pay more in payroll taxes. families making between 40 and $65,000 a year would pay an extra two grand or so to the government. gregg: the big question, do lawmakers hope to get anything out of the last minute fiscal cliff talks or is it just for show? democratic congressman chris van hollen is the ranking member of the house budget committee. he will be joining us live coming up in the next hour what he really thinks is going on. patti ann: well the u.s. economy meanwhile could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension
and president's offer to fix it does nothing other than, quote, this is a quote, damn us to becoming greece. patti ann: what would it mean if lawmakers fail to strike a deal? according to the tax policy center, 90% of the americans would see a tax hike in 2013. 121 million people would pay more in payroll taxes. families making between 40 and $65,000 a year would pay an extra two grand or so to the government. gregg: the big question, do lawmakers hope to get anything out of the last minute...
94
94
Dec 28, 2012
12/12
by
CSPAN
tv
eye 94
favorite 0
quote 0
but it's not working incr greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says never cut and spending. grover norquist, here's a great example, he does not even believe in economic case multipliers. host: gary says -- guest: what's interesting about the last election cycles is we had under president bush and the end, democrats seized control of congress in big numbers. and we had the big democratic sweep with the white house in 2008. 2010, republicans came sweeping back. we've had a pendulum swing, very contractive time period. that's one of the factors. we have seen both sides really dug in because they don't k
but it's not working incr greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says never...
207
207
Dec 28, 2012
12/12
by
CNBC
tv
eye 207
favorite 0
quote 0
greece's banks in fresh capital were gop going to go down to central bank. national bank, euro bank, alfa and peres need the money to close ratios following last week. greece confirmed that the 50 billion euros set aside for recapitalization will be enough to capture these shortfalls. stephane pedrazzi asked the ecb jean-claude trichet about greece. >> i think it is absolutely clear that out of the fears of the global observers have proved unfounded. i was always confivinced that i was unfounded that the assumption that they could leave the euro area, that they could refeud the adjustment which is necessary were wrong assumptions. and now we see and of course it's difficult, of course it's hard, it's tough. but people have to make adju adjustments which are very, very difficult. but, again, we are going in the right direction. again, it's very difficult. it goes in the right direction. >> you don't believe in the scenario for greek exit? >> no.. it's precisely because it appears very clearly that neither the greek people nor the greek government nor all peer
greece's banks in fresh capital were gop going to go down to central bank. national bank, euro bank, alfa and peres need the money to close ratios following last week. greece confirmed that the 50 billion euros set aside for recapitalization will be enough to capture these shortfalls. stephane pedrazzi asked the ecb jean-claude trichet about greece. >> i think it is absolutely clear that out of the fears of the global observers have proved unfounded. i was always confivinced that i was...
220
220
Dec 28, 2012
12/12
by
KQEH
tv
eye 220
favorite 0
quote 0
for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up storefronts. and, further below the surface, this: a health clinic set up by the greek branch of the international aid group, doctors of the world to serve the country's newly poor. dr. nikitis kanakis is its director. >> brown: kanakis group, in fact, had to cut back some of its work in africa because of the needs at home. here in perama, unemployment tops 50% as the shrinking economy has crippled much of the local shipping industry. at the same time, the deeply indebted greek government has made dramatic budget cuts, including to health be
for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up...
178
178
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 178
favorite 0
quote 0
. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to go? all of that and more later. and sam donaldson tells tea party america this is not your country anymore. [ cheeping ] [ male announcer ] you hear that? that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now bac
. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to...
118
118
Dec 28, 2012
12/12
by
CSPAN
tv
eye 118
favorite 0
quote 0
. >> mitt romney kept saying this country could be on the road to be more like greece if we did not get our arms around it. the unemployment rate remains high. are you optimistic in the short term about our country's future. >> it is hard to be. i tried to be. if we can get this resolved, this fiscal cliff situation, and have a pathway to seeing the deficit be reduced, cannot do it overnight, if we can see there is a path, a trajectory of slowing down the growth of spending to the point you can see the deficit will ultimately go away over a reasonable time, people will start investing again, hiring again, and i spoke to a business group yesterday and asked if they would hire just because they get a tax credit for hiring people. they said no. if you see the deficit will go away and there is hope we are on the right path to fiscal sanity, will you then hired? yes. we will have markets for our products and services and then we will need more people. we are stuck right now because all we have done for a year and a half was kick the can down the road. i voted against the act a year- and-a-ha
. >> mitt romney kept saying this country could be on the road to be more like greece if we did not get our arms around it. the unemployment rate remains high. are you optimistic in the short term about our country's future. >> it is hard to be. i tried to be. if we can get this resolved, this fiscal cliff situation, and have a pathway to seeing the deficit be reduced, cannot do it overnight, if we can see there is a path, a trajectory of slowing down the growth of spending to the...
101
101
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 101
favorite 0
quote 0
. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to go? all of that and more later. and sam donaldson tells tea party america this is not your country anymore. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's
. >> the real cliff is america has become a greece. thank you both. >> happy new year's, guy. >> good to see you both. coming up, what exactly is going to happen if we go over the so-called fiscal cliff. what happens to your wallet. we will detail the five ways this is going to impact your family, your wallet and your finances. and also new york governor an drew cuomo is ready for a fight over gun control. he's even talking about confiscating weapons. how far is he going to...
233
233
Dec 28, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
>> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much for joining us. good to see you tonight. >> you heard piers morgan talk about it with larry last week. after school shooting massacre in scotland in 1996 great britain banned virtually all handguns, seized them from people who already owned them. piers says it worked great, except it didn't. you're about to find out just how badly it's turned out and why we in america should pay attention. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to
>> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much for joining us. good to see you tonight....
180
180
Dec 27, 2012
12/12
by
CNBC
tv
eye 180
favorite 0
quote 0
it will remind me of greece. greece is getting bailed out. and going on back and forth. will there be a deal by december 31st? i don't think so, but if a deal gets penned out by mid-january, we can look forward to focusing on earnings and get this fiscal cliff over with so we can see what's going on important in the world, and that's earnings. >> let me -- can i comment on that? >> yeah, sure. >> i want to comment on rick santelli's optimistic view that maybe there really is a deal in the offing. he has a point, you know. it's not over, you know, until it's over and these guys do sometimes come up with last-minute deals, but i want to be very clear. in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do
it will remind me of greece. greece is getting bailed out. and going on back and forth. will there be a deal by december 31st? i don't think so, but if a deal gets penned out by mid-january, we can look forward to focusing on earnings and get this fiscal cliff over with so we can see what's going on important in the world, and that's earnings. >> let me -- can i comment on that? >> yeah, sure. >> i want to comment on rick santelli's optimistic view that maybe there really is a...
141
141
Dec 27, 2012
12/12
by
CSPAN
tv
eye 141
favorite 0
quote 0
like we are doing in greece. in greece, we've had the most brutal, a substantial fiscal squeeze and in the history of humanity. if you look at the numbers, and nowhere before as the budget -- has the budget been squashed so savagely. and what happened to the debt? 129% to 200% of gdp. it is what happens. when you kill the cow that produces the milk, it will not produce more milk and if you keep hitting it, it will not produce more. the problem with the economy is, we need to start recycling global surpluses again in a rational way. the great advantage of having no qualms about lying through your teeth as politicians in this country and in my country have been known to do -- the story that i have been trying to tell is quite complicated. you can use simplification in order to confuse people. when in being interviewed by the media, you have about 20 seconds. you have to answer the question of what is wrong with the world. if you say, well, we have too much debt. we will become the slaves of the chinese like these a
like we are doing in greece. in greece, we've had the most brutal, a substantial fiscal squeeze and in the history of humanity. if you look at the numbers, and nowhere before as the budget -- has the budget been squashed so savagely. and what happened to the debt? 129% to 200% of gdp. it is what happens. when you kill the cow that produces the milk, it will not produce more milk and if you keep hitting it, it will not produce more. the problem with the economy is, we need to start recycling...
90
90
Dec 27, 2012
12/12
by
CSPAN
tv
eye 90
favorite 0
quote 0
in europe and what could happen here if we do not get our house in order, but we certainly are not greece. >> you have talked about a single-minded focus, but you are leaving it with the job undone. how are you feeling about leaving it at this particular time? >> i'm hopeful the job will be done. we still have several weeks. we have laid out the plans and all of these efforts that i have been part of and other efforts as well. i still have some optimism. that we will get this job done and get it done now. one of the reasons i did not run again is that i wanted to focus this last two years. i knew if i was running a would not be able to be in the hundreds of hours of negotiations that i have been in. and those negotiations have generated a work product for those who are available to negotiate. and i believe those who have been negotiating will be part of a solution, whether it comes early this next year -- and whether it comes at the end of this year, or early the next. >> what will you be doing next? >> i do not know. i will be doing some speaking, some teaching. i have people starting to
in europe and what could happen here if we do not get our house in order, but we certainly are not greece. >> you have talked about a single-minded focus, but you are leaving it with the job undone. how are you feeling about leaving it at this particular time? >> i'm hopeful the job will be done. we still have several weeks. we have laid out the plans and all of these efforts that i have been part of and other efforts as well. i still have some optimism. that we will get this job...
252
252
Dec 27, 2012
12/12
by
CNBC
tv
eye 252
favorite 0
quote 1
. >> greece will stain the euro in 2013. that's what lang merkel wants and she's holding the purse strings. she wants to be re-elected and doesn't want any cost of contagion in. the cost on a relative basis is cheap. mexico is the next hot market. almost unnoticed, our southern neighbor becoming an economic stronghold on its own. legal and financial reforms have led to a growing middle class. as china gets more expensive, mexico becomes more competitive in manufacturing. africa disappoints classic emerging markets of russia, brazil and china slow down from their heyday and so-called frontier funds have been started with a focus on the next hot growth area, focusing on africa and many believe now is the time. this is an overgeneralization. the rule of law is not widespread enough in the continent. there is a glimmer of hope such as sun nish sha. countries such as egypt still questionable. we have seen mass rioting there and growing concerns whether the new rule of law and new constitution will effectively protect investors. >
. >> greece will stain the euro in 2013. that's what lang merkel wants and she's holding the purse strings. she wants to be re-elected and doesn't want any cost of contagion in. the cost on a relative basis is cheap. mexico is the next hot market. almost unnoticed, our southern neighbor becoming an economic stronghold on its own. legal and financial reforms have led to a growing middle class. as china gets more expensive, mexico becomes more competitive in manufacturing. africa...
17
17
tv
eye 17
favorite 0
quote 0
ultimately is austerity this is this is what we're seeing happen in europe what we're seeing happen in greece and spain and in the u.k. where they didn't pass any stimulus packages like the one you were just talking about and their unemployment rates are significant about their g.d.p. or. higher their g.d.p. growth is significantly lower there in recession after recession republicans just not paying attention even some democrats not paying attention to what's going on across across the pond there i would suggest to you that republicans are paying attention to a lot of things and where they're bracing austerity which is clarity and to not work this and you austerity would be a good let's zero out the pell grants let's cut back subsidies on amtrak let's pare back some of the some of the so then do these federal workers pay let's cut. to not only rich rate is limited to realize your obligation not only there but even though the federal civilian employees pay has been quote frozen unquote the step increases are still in place that there are there are civilian employees who are making more than th
ultimately is austerity this is this is what we're seeing happen in europe what we're seeing happen in greece and spain and in the u.k. where they didn't pass any stimulus packages like the one you were just talking about and their unemployment rates are significant about their g.d.p. or. higher their g.d.p. growth is significantly lower there in recession after recession republicans just not paying attention even some democrats not paying attention to what's going on across across the pond...
110
110
Dec 27, 2012
12/12
by
CSPAN
tv
eye 110
favorite 0
quote 0
becoming like greece? >> no, that is a profoundly -- do you see as becoming like greece? >> that is a profoundly different situation. the congressional budget office says that if we stay on the course we are on, we will have a debt that is 230% of our gross domestic product of the the next 20 years. most experts say once you get a debt of more than 9% of gross domestic product, that inhibit future economic growth in a significant way. this is just about -- not just about numbers on page, it is really about opportunities for people. whether you will be able to send your kid to school, to college, whether it will be able to buy a car, my house, whether we will have economic opportunity for the people of the country. the best academic research that has been done shows that if a country's debt gets too large in relationship to the size of its economy, the economy does not grow as fast. opportunity is lost. jobs are lost. so there is a similarity with what is happening in europe and what could happen here if we don't get our house in order. >> you talked about a single- minded
becoming like greece? >> no, that is a profoundly -- do you see as becoming like greece? >> that is a profoundly different situation. the congressional budget office says that if we stay on the course we are on, we will have a debt that is 230% of our gross domestic product of the the next 20 years. most experts say once you get a debt of more than 9% of gross domestic product, that inhibit future economic growth in a significant way. this is just about -- not just about numbers on...
272
272
Dec 26, 2012
12/12
by
CNBC
tv
eye 272
favorite 0
quote 1
no greece exit, no china hard landing and no u.s. slipping into a recession. therefore, the market has been able to lift. >> the last thing that may not happen is the fiscal cliff resolution, too. that could throw an iron in the fire. we've all got to be mindful of the possible debt downgrade. moody's and fitch are still at aaa and they have been rumbling they might take us down, and i think if s&p goes down a notch, mandy, that's not good for the market. >> the fact that these predictions did not come true i guess show that making predictions -- >> it shows the value of strategists. >> okay. >> it shows the value of vat jists. >> what are you predicting for 2013? >> i think you have to watch things in europe. the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the markets can lift but right now the view is for a nothing market from here till year end. once the seasonal increases go
no greece exit, no china hard landing and no u.s. slipping into a recession. therefore, the market has been able to lift. >> the last thing that may not happen is the fiscal cliff resolution, too. that could throw an iron in the fire. we've all got to be mindful of the possible debt downgrade. moody's and fitch are still at aaa and they have been rumbling they might take us down, and i think if s&p goes down a notch, mandy, that's not good for the market. >> the fact that these...
210
210
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 210
favorite 0
quote 0
we see greece, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >> yeah. i, well, if i were king for a day and told to make the economy grow faster, i would cut the size of our federal government. we need to cut spending everywhere because, the best our economy has done in the last 30 years is during the '80s and '90s. that's when ronald reagan and bill clinton cut spending. i would take the clinton tax rates, right now, i would take them. gregg: really. >> they won't hurt the economy, if, i got clinton's spending. he spent one-third less on federal government than barack obama is today, one-third less. we've increased the siz
we see greece, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >>...